Apple buys Web app firm Particle

Apple Inc. has bought SFO based Web app design company Particle for an undisclosed sum.

The company is backed up by pop star Justin Timberlake.

he company has worked on software for companies including Google, Amazon, Yahoo and Apple.

The deal apparently was made last month

Former Yahoo CFO Tim Morse leaves with big severance package

Yahoo! Inc departing CFO, Tim Morse, is leaving the company with a heft severance package, various sources report.

Morse will receive 12 months' salary, a bonus of 12 months' pay, part of his 2013 bonus, and early vesting of stock awards. Morse has been replaced by new CFO Ken Goldman who is recently appointed by new CEO Marissa Mayer.

Morse served as interim CEO at Yahoo for five months in 2011-2012.